Amazon says Bezos adopted plan allowing sale of up to 50M shares

In the company’s 10-K filing, Amazon stated: “On November 8, 2023, Jeffrey Bezos, our founder and Executive Chair, adopted a trading plan intended to satisfy Rule 10b5-1(c) to sell up to 50,000,000 shares of Amazon.com, Inc. common stock over a period ending on January 31, 2025, subject to certain conditions.”